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In January 2022, the management of Ulf Corporation, a publicly tradycompany, decides that it has sufficient cash to purchase some debt and equity securities to

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In January 2022, the management of Ulf Corporation, a publicly tradycompany, decides that it has sufficient cash to purchase some debt and equity securities to be held as trading investments. During the year, the following transactions occurred, Feb. 1 Purchased 1.100 shares of NJF common shares for $46,200 Mar. 1 Purchased 500 shares of SEK common shares for $18.500. Apr. 1 Purchased 69 $1.000,8% CRT bonds for $70.100. Interest is receivable semi-annually on April 1 and October 1 July 1 Received a cash dividend of 50.60 per share on the NJF common shares Aug 1 Sold 180 shares of NJF common shares at $36.00 per share. Sept. 1 Received $2 per share cash dividend on the SEK common shares. Oct 1 Received the semi-annual interest on the CRT bonds. Oct. 1 Sold the CRT bonds for $75.030. At December 31. Ul's fiscal year end, the fair values of the NJF and SEK common shares were $35 and $32 per share, respectively Question 2 of 3 6.47 / 20 (b) Show the statement of financial position presentation of the Trading Investments at December 31, 2022. ULI CORPORATION Statement of Financial Position (Partial) December 31, 2022 Current Assets Id $ Save for Later Attempts: 0 of 3 used Submit Answer Using multiple attempts will impact your score. 20% score reduction after attempt 2

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